Which of the following types of auditors perform audits of a component or subsidiary of the parent company?
A)Component auditor
B)Subsidiary auditor
C)Individual auditor
D)Auditing firm

Question

Quizplus · Accepted Answer

A component auditor is responsible for performing an audit of a component or subsidiary of the parent company. They ensure that the financial statements of the subsidiary are compliant with the established accounting principles and are accurate. Choice B) Subsidiary auditor may also seem like a correct choice, but it is not a commonly used term in the audit profession. Choices C) Individual auditor and D) Auditing firm are not relevant to the question.

Which of the Following Types of Auditors Perform Audits of a Component